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These enticements take the form of bonuses, promotions and free bets. Most PayPal betting sites will offer a sign-up bonus, usually between 25 and percent of your first deposit. Other welcome offers for using PayPal include free bets — or refunds on your initial bets if your team loses. Promotions and ongoing offers like free bets will be more important than the initial deal in the long-run, because these are designed to reward you for betting on a consistent basis. The best online gambling sites make a real effort to look after their loyal customers.
The rules of these deals can differ considerably from site to site. Make sure you read the terms and conditions before accepting any bonus or reward at a gambling website. The key to keeping online betting sites in business is client relations. Most PayPal sites have a live chat that you can access at any time.
Most sportsbooks that accept PayPal also offer horse racing and casino games. Choose from baccarat, blackjack, craps, Keno, roulette, slots and video poker. You can also check out the equine section and bet on everything from the Kentucky Derby to local races.
With PayPal you have the option of funding your betting account in the currency of your choice. For instance, if you use American dollars for your deposits, your withdrawals will also be in USD. Fortunately, PayPal is selective when it comes to the gambling site operators that they allow to use their service. The majority of the betting operators accepting PayPal deposits and withdrawals are big brands in the UK , Canada and Europe.
PayPal is quick and easy when it comes to making betting site deposits and withdrawals. Other deposit methods may also charge fees for funding your online betting account. Skrill and Neteller are alternatives for deposits but are not as widely accepted as PayPal.
Sports betting sites that accept PayPal deposits allow you to start betting within minutes of signing up. Go to their Deposit section and select PayPal. The handicapping, sports odds information contained on this website is for entertainment purposes only.
Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. Using this information to contravene any law or statute is prohibited. The site is not associated with nor is it endorsed by any professional or collegiate league, association or team.
OddsShark does not target an audience under the age of Please visit gambleaware. Google Tag Manager. Oddshark logo linked to Home. Close Menu. Back in , PayPal made the decision to voluntarily withdraw from being a payment option for many gambling sites, only resuming their service in for a select few websites. Doing so only for organisations that operate in countries where gambling is legal, PayPal have now ensured that they are a respectable option for all customers.
While other e-wallets are offered as options by bookmakers, PayPal is undoubtedly the standout for most customers looking to utilise this option. Online bookmakers are required to provide a number of different methods of banking in order to meet the demands of their customers today, with depositing and withdrawing cash using PayPal having become one of the most popular options available to punters.
So, which betting sites cater for those registering with PayPal? This review will outline what PayPal is, as well as the advantages of using the platform and how it can be used effectively. For those who are not already familiar with what PayPal is, the following points are among the most important to know and understand. Having been founded back in as Confinity, PayPal have quickly become the most successful company of their type, despite having initially been established as a software company for mobile devices.
However, having merged with online backing company, X. Now focusing upon money transfers, the newly renamed PayPal went public in With over million active users worldwide, PayPal returned to being an independent company in , with offices in the USA, Singapore and Luxembourg, helping to cater for customers in over different market.
PayPal was issued with a banking License from Luxembourg back in , helping to improve their reliability and trustworthiness. As well as this, there new license allowed them to conduct banking operations in the European Union. Elsewhere, PayPal is regulated as a bank by the banking supervisory authority of Luxembourg, the Commission de Surveillance du Secteur Financier. Meanwhile, having ended their deal with eBay in , PayPal have only gone from strength to strength, with the company having acquired a range of companies along the way, adding to their levels of operation across a variety of markets.
PayPal provides bettors with an efficient and easy method of both sending and requesting funds online, perfect for those who are registered with a betting site accepting this option of banking. All that is required to send and receive money is an email address, with PayPal users having to link their credit card or bank account upon registering also. Punters are required to input all of their personal data upon signing up too, with PayPal depositing a small amount of money into personal accounts in order to indicate that it has been verified.
Bettors will be able to either deposit funds from their bank account onto PayPal or deposit onto your betting account directly through PayPal. Thanks to PayPal, betting customers can deposit and withdraw funds at any time and as quickly as possible. The number of betting sites offering PayPal as a valid method of banking has increased significantly over the years, due to the efficiency and ease of using it for both deposits and withdrawals.
This perhaps comes as little surprise given the fact that PayPal is now a name that is synonymous with the world of money transfers, with some bookmakers even offering generous welcome bonuses for those who make opening deposits via this method, along with others. Those registered with PayPal are able to deposit funds in just a matter of minutes on to their betting account, while the withdrawal of winnings is also a quick and stress free process.
With PayPal having been granted a banking license from Luxembourg in , those in the UK are able to take advantage of their money transfer platform thanks to laws set by the European Union. After being awarded a license as an electronic money issuer with the Financial Services Authority a year earlier in the UK, all European accounts registered with PayPal have since been transferred to their Luxembourg-based bank.
When it comes to using PayPal for your online betting needs, there are a number of advantages for punters to be aware of. The speed and ease of transactions are the main positives, with all deposits being processed almost instantly, while withdrawals are generally completed within just 24 hours, however this is often even quicker.
The simplicity of using PayPal is also a major selling point, with transactions being able to be processed in just a few clicks, whether on desktop or mobile. PayPal is also very reliable, while they have built a good reputation thanks to their security and trustworthiness. Elsewhere, fees surrounding transactions are minimal, meaning that punters are able to take home a large proportion of their winnings.
PayPal also sets high limits for punters, perfect for those looking to stake high amounts on their favourite sports teams and players. Both deposits and withdrawals are made easy thanks to PayPal, with the following steps having to be taken by punters in order to complete such transactions:. Users are now able to process transactions without any worries, whether it be depositing at an online bookmaker or any other marketplace. Using PayPal with your online betting platform ensures that you will never be required to share any of your banking details with them, with just your log in details required to process transactions thanks to PayPal.
While you can be sure that PayPal is completely secure, it is also important to ensure that the website in which you are operation operates in a similar manner. This can be achieved by looking out for an HTPPS at the start of the address bar, which means that all data is encrypted. All bookmakers operate differently when it comes to this issue, with come encrypting all data on their platform, while others ensure that encryption begins when personal data is being both sent and received, including when making deposits or withdrawals.
As with any such operation, you should ensure that your PayPal username and password are kept secure, as well as making sure that you are encrypted when entering such information. PayPal offer a help page surrounding this exact issue, including how to spot fraudulent attempts, as well as how to prevent them in the future. Elsewhere using PayPal, you can report any emails in which you believe to be phishing directly to the company. Despite PayPal not charging any form of fee when it comes to bookmakers, there are costings involved in sending and receiving money using your account.
This is one area of the PayPal operation in which they perhaps score poorly, especially when compared to some major credit and debit cards. There are certainly methods that can be used in order to minimise the amount in which you are charged for processing such transactions, with fees depending on your location, currency of choice and the destination of your money.
However, in the end, it is certainly worthwhile transferring your money using your PayPal account balance or a debit card that is linked to your account. With transactions taking just a matter of minutes normally, with payments free from additional costs, the whole process is easier than ever before. Undoubtedly, there are both advantages and disadvantages of using PayPal as a banking method when betting online.
Despite this, PayPal can still be considered as a viable option for many, with their excellent level of buying and selling options. Due to PayPal obviously not being an actual bank, they are not subject to the same terms and conditions when it comes to compensation of customer protection. In terms of negative factors, some PayPal users have reported certain limitations when it comes to customer accounts, which often restrict the ability to either send or withdraw funds.
This situation can often occur with frozen accounts, meaning that funds will temporarily be unavailable until investigations into such issues are completed. While this is part and part of using such a banking platform, designed to protect customers and their finances, accounts are sometimes locked with relatively little explanation, as well as for extended periods of time. Finally, those within the UK may be slightly dubious of the fact that PayPal operate under a license from Luxembourg, with no individual UK license.
Despite these issues, such problems are a rare occurrence,. Those wishing to open a PayPal account in order to fund their betting accounts can do so in just a matter of minutes, with the following steps having to be taken in order to complete the process:. PayPal is undoubtedly the most historic and well-known platform of its kind in operation today, however there are also a variety of other e-wallet style accounts available to betting customers online.
The following are among the most commonly accepted by bookmakers when it comes to depositing and withdrawing funds:. Such platforms each have their advantages and disadvantages, whether it be surrounding speed or fees, with PayPal generally being regarded as the standout money transfer platform available to betting customers in the UK.
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